Element Fleet Management Corp. (TSX: EFN)

Element Fleet Management Income Statement

Financials in millions CAD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	2,447	1,960	1,662	1,770	2,018
Revenue Growth (YoY)	24.88%	17.88%	-6.09%	-12.28%	14.13%
Cost of Revenue	811.18	1,151	995.55	1,110	1,347
Gross Profit	1,636	809.16	666.94	660.34	671.47
Selling, General & Admin	209.95	156.15	128.52	151.37	134.13
Research & Development	0	0	0	0	0
Other Operating Expenses	-576.74	96.28	85.85	80.78	79.11
Operating Expenses	576.74	252.43	214.37	232.15	213.24
Operating Income	1,060	556.74	452.57	428.19	458.24
Interest Income	0	0	0	0	646.48
Interest Expense	585.47	3.83	3.58	6.26	13.19
Other Expense / Income	-131.58	3.35	-8.69	88.87	999.49
Pretax Income	605.66	549.55	457.68	333.05	92.04
Income Tax	139.46	139.91	101.67	45.96	-5.66
Net Income	466.2	409.64	356.01	287.09	97.7
Net Income Growth	13.81%	15.07%	24.00%	193.85%	-
Shares Outstanding (Basic)	390	397	423	439	435
Shares Outstanding (Diluted)	405	413	439	454	436
Shares Change	-1.96%	-5.95%	-3.15%	4.19%	11.20%
EPS (Basic)	1.13	0.96	0.76	0.56	0.12
EPS (Diluted)	1.11	0.94	0.75	0.56	0.12
EPS Growth	18.09%	25.33%	33.93%	366.67%	-
Free Cash Flow	-1,826.32	160.77	2,426	2,684	990.4
Free Cash Flow Per Share	-4.51	0.39	5.52	5.92	2.27
Gross Margin	66.86%	41.29%	40.12%	37.30%	33.27%
Operating Margin	43.29%	28.41%	27.22%	24.19%	22.71%
Profit Margin	19.05%	20.90%	21.41%	16.22%	4.84%
Free Cash Flow Margin	-74.62%	8.20%	145.92%	151.64%	49.08%
Effective Tax Rate	23.03%	25.46%	22.21%	13.80%	-6.15%
EBITDA	1,819	1,160	988.67	937.43	1,019
EBITDA Margin	74.32%	59.18%	59.47%	52.95%	50.51%
Depreciation & Amortization	759.51	603.18	536.11	509.25	561.11
EBIT	1,060	556.74	452.57	428.19	458.24
EBIT Margin	43.29%	28.41%	27.22%	24.19%	22.71%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.